Ishares Usd Green Etf Market Value
| BGRN Etf | USD 47.08 0.06 0.13% |
| Symbol | IShares |
The market value of iShares USD Green is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares USD's value that differs from its market value or its book value, called intrinsic value, which is IShares USD's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares USD's market value can be influenced by many factors that don't directly affect IShares USD's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares USD's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares USD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares USD's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
IShares USD 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to IShares USD's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of IShares USD.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in IShares USD on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding iShares USD Green or generate 0.0% return on investment in IShares USD over 90 days. IShares USD is related to or competes with IShares ESG, IShares ESG, IShares ESG, IShares ESG, and IShares MSCI. The fund seeks to track the investment results of the underlying index, which measures the performance of U.S More
IShares USD Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure IShares USD's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess iShares USD Green upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.4048 | |||
| Maximum Drawdown | 0.9297 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.4305 |
IShares USD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares USD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares USD's standard deviation. In reality, there are many statistical measures that can use IShares USD historical prices to predict the future IShares USD's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | 0.0206 | |||
| Treynor Ratio | (0.18) |
iShares USD Green Backtested Returns
As of now, IShares Etf is very steady. iShares USD Green holds Efficiency (Sharpe) Ratio of 0.0702, which attests that the entity had a 0.0702 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for iShares USD Green, which you can use to evaluate the volatility of the entity. Please check out IShares USD's Standard Deviation of 0.2446, market risk adjusted performance of (0.17), and Risk Adjusted Performance of (0.03) to validate if the risk estimate we provide is consistent with the expected return of 0.0171%. The etf retains a Market Volatility (i.e., Beta) of 0.056, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares USD's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares USD is expected to be smaller as well.
Auto-correlation | 0.04 |
Virtually no predictability
iShares USD Green has virtually no predictability. Overlapping area represents the amount of predictability between IShares USD time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of iShares USD Green price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current IShares USD price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
iShares USD Green lagged returns against current returns
Autocorrelation, which is IShares USD etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting IShares USD's etf expected returns. We can calculate the autocorrelation of IShares USD returns to help us make a trade decision. For example, suppose you find that IShares USD has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
IShares USD regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If IShares USD etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares USD etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares USD etf over time.
Current vs Lagged Prices |
| Timeline |
IShares USD Lagged Returns
When evaluating IShares USD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares USD etf have on its future price. IShares USD autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, IShares USD autocorrelation shows the relationship between IShares USD etf current value and its past values and can show if there is a momentum factor associated with investing in iShares USD Green.
Regressed Prices |
| Timeline |
Pair Trading with IShares USD
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IShares USD position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IShares USD will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
Moving against IShares Etf
| 0.58 | WGMI | Valkyrie Bitcoin Miners | PairCorr |
| 0.56 | MSFT | Microsoft | PairCorr |
| 0.47 | AXP | American Express | PairCorr |
| 0.45 | CAT | Caterpillar | PairCorr |
| 0.42 | BA | Boeing | PairCorr |
The ability to find closely correlated positions to IShares USD could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares USD when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IShares USD - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iShares USD Green to buy it.
The correlation of IShares USD is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares USD moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares USD Green moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IShares USD can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out IShares USD Correlation, IShares USD Volatility and IShares USD Alpha and Beta module to complement your research on IShares USD. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
IShares USD technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.